Digital Revolution – Board focus is missing

There is dearth of board members from digital / tech background. Very few banks have gone ahead with getting digital leaders at the board level. This will change in next 12 to 18 months and my guess is that there may be RBI regulation coming up for appointing the same. Interestingly, RBI recently came up with qualification requirement for CTO.

Will banks do it without regulation? Time to change the way banking happens.

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